Yardi Matrix expands its U.S. self storage market coverage

Meanwhile, year-over-year advertised rate growth ends a 3-year skid

SANTA BARBARA, Calif., Oct. 20, 2025 – Yardi® Matrix updated its U.S. self storage analysis to align monthly coverage with the nation’s largest and most institutional markets.

New coverage areas in the Yardi Matrix Top 30 markets include Detroit, Indianapolis, Salt Lake City and Florida’s Sarasota-Cape Coral region. Expanded coverage areas, such as New York Suburbs, San Francisco Bay Area and Seattle-Tacoma, provide a more comprehensive view of several gateway markets.

Market rankings in the updated list reflect total population, total properties and net rentable square footage. They also incorporate inventory owned or managed by the top 30 owners and operators.

Meanwhile, Yardi Matrix analysis indicates that national advertised rates rose 0.9% year-over-year in September 2025, the first  month of incremental growth after nearly three years of declines. Nearly all of the new Top 30 metros posted stronger annual rate growth that month than in August. This trend “suggests a turning point for the industry, with both institutional and independent operators showing signs of recovery,” according to Yardi Matrix analysts.

The construction pipeline contracted 0.1% month over month in September, with 52.5 million net rental square feet equaling 2.6% of existing inventory.

Gain insight into supply, rent trends, REIT activity and more in the October 2025 version of the Yardi Matrix National Self Storage Report, which draws from 2,969 self storage properties in various stages of development. Yardi Matrix also maintains operational profiles for 31,728 completed U.S. self storage facilities.

Yardi Matrix offers the industry’s most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in commercial real estate. Yardi Matrix covers multifamily, single-family rentals/ build to rent, affordable housing, student housing, self storage, office, industrial, retail and vacant land property types. Email [email protected], call (480) 663-1149 or visit yardimatrix.com to learn more.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.